Glen Hurd
Question from FHA lender about potential civil judgment
Is an FHA mortgage lender permitted to search outside of the 7-year consumer reporting bureau process and ultimately incorporate consideration of credit worthiness from a 12-year-old money judgement? It is public reco...
Account Closed
HELOC, but no credit score
Some friends are trying to buy more properties since money is cheap (but not always easy, as they are finding out). They have great assets, but no credit history (it's all in the past). They asked me, but I'm stuck.Th...
Anthony Zotto
Cash out Refi
Hello! I am running some numbers on potentially cash-out refinancing a rental house. Is the rate usually the same as an investment property loan? Or is it higher?
Thanks!
AZ
Andre Alves
High DTI- have assets to use as collateral but can’t get loan
I have been investing in RE for the past 3 years now. It’s been a great journey! However, I’m stuck now.
My debt to income is high and I can’t get any new loans.
I currently have 2 properties in Orlando Florida, fre...
Indra H.
creative financing
Hello fellow investors,
Any suggestions on creative financing. I was offered a 3 family (2,100 a month in rent being conservative) that is valued at around 115/120k. The owner wants to move back to his countr...
Garrett M.
Lender adding points late in the game!
Has this happened to you? I’m very late in the game on multiple refinance loans and the lender keeps increasing the closing costs through increased points. Now there’s about $10k in closing costs that were not on the ...
Jake Mires
Self employed ( RE agent ) trying to buy a house!!!
I am a new real estate agent and I understand I need 2 years of pay before I can get a loan, my question is that if I have a cosigner, can I get around this?
Sean Gallagher
Heloc, through what financial institution?
Quick summary. Sfh rental. Owned this property for approx 10 months.Tried going through Wells Fargo, since I've only owned the property for 10 months they will go by my purchase price. Other institutions I'm findin...
Therese V.
Advice needed on potential tenant with high debt
I have run my first credit/background/eviction check on my first potential tenant for a new rental property (my first property had a familiar tenant in quickly, so didn't need the background check).She is divorced, 5 ...
Taniece Minor
Report payments to credit bureaus. Suggestions??
Hello everyone! We have a buyer who is interested in a home but wants the seller to report all payments. I, personally, never heard of any landlords or investors reporting payments. But I'm sure there is a way. I have...